Engineering Degree from University of Maryland – College Park Return on Investment
See what the return on investment is for jobs that someone with a Engineering degree from University of Maryland – College Park is likely to work in.
Top job projections for graduates in engineering from university of maryland - college park
Engineers, all other
Projection Rating: A-
Median Annual Wage: $111,970
Percentage of Paycheck to Repay: 8.73%-6.50%
Employment Change: 8%
Entry-Level Education: Bachelor's degree
Engineering technologists and technicians, except drafters, all other
Projection Rating: B
Median Annual Wage: $73,500
Percentage of Paycheck to Repay: 13.30%-9.90%
Employment Change: 3.1%
Entry-Level Education: Associate's degree
When considering an engineering degree from the University of Maryland, College Park, understanding the return on investment (ROI) is crucial for prospective students. This prestigious institution is renowned for its rigorous academic programs, cutting-edge research, and strong industry connections, all of which contribute to a promising ROI for graduates.
The engineering programs at the University of Maryland offer a unique blend of theoretical foundations and practical applications, ensuring that students are well-prepared for the workforce. Graduates from UMD's engineering programs often secure high-paying jobs in various sectors, including aerospace, civil, electrical, and mechanical engineering.
According to recent data, the average starting salary for engineering graduates from UMD is significantly higher than the national average, providing a substantial financial return on the investment of tuition and resources. Additionally, the university's strong alumni network and career services facilitate job placements, internships, and co-op opportunities, further enhancing the value of an engineering degree.
Moreover, UMD's location in the Washington, D.C. metropolitan area offers students access to numerous leading technology firms, government agencies, and research institutions. This proximity not only enriches the educational experience but also opens doors to lucrative career opportunities that can lead to long-term financial stability.
Investing in an engineering degree from the University of Maryland, College Park, is not just about the immediate financial gains. It's also about the skills, experiences, and connections that will serve graduates throughout their careers. With a commitment to innovation and excellence, UMD prepares its students to become leaders in the engineering field, making the degree a valuable asset for both personal and professional growth.
In conclusion, the ROI of an engineering degree from the University of Maryland, College Park, is compelling. With strong earning potential, excellent career support, and a robust educational foundation, students can confidently invest in their future by choosing UMD for their engineering studies.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.